#nvidia

#nvidia

Days later, OpenAI struck a similar multibillion-dollar arrangement with AMD. Celebrated by investors, these deals also raised eyebrows. To some observers, they looked eerily like the circular financing arrangements of the late 1990s, when vendors and clients reinforced each other's valuations without generating real value. Bloomberg aptly described the pattern as an "increasingly complex and interconnected web of business transactions" fueling a trillion-dollar AI boom.

HSBC also raised the price target on the stock to a Street-high of $320, up from $200. The new target implies upside of nearly 80% from Nvidia's last close of $180.03. Hitting that target would translate to a market capitalization close to $8 trillion, compared with about $4.37 trillion currently. We expect AI GPU TAM to keep increasing beyond hyperscalers, leading to continuous earnings growth, analyst Frank Lee wrote, referring to the total addressable market for the processing chips.

On Tuesday, Nvidia announced it will begin taking orders for the DGX Spark, a $4,000 desktop AI computer that wraps one petaflop of computing performance and 128GB of unified memory into a form factor small enough to sit on a desk. Its biggest selling point is likely its large integrated memory that can run larger AI models than consumer GPUs.

Jensen Huang said Nvidia will keep sponsoring H-1B employees, but Trump's new $100,000 fee means the company may have to shell out millions more to keep doing so. Nvidia would have to pay an estimated $147.3 million if President Donald Trump's newest fee applied to the H-1B visaholders the company got approved in 2025, according to a calculation based on data from U.S. Citizenship and Immigration Services. The new $100,000 fee applies only to new H-1B visa applicants and not to those renewing their visas or current visaholders.

"As one of many immigrants at Nvidia, I know that the opportunities we've found in America have profoundly shaped our lives," he wrote. "And the miracle of Nvidia - built by all of you, and by brilliant colleagues around the world - would not be possible without immigration." Huang said "legal immigration remains essential to ensuring the US continues to lead in technology and ideas," and that the Trump administration's "recent changes reaffirm this."

Shares of NVIDIA Corp. (NASDAQ:NVDA) gained 1.04% over the past five trading sessions after gaining 1.40% the five prior. That brings the stock's year-to-date gain to more than 35%. In July, the AI chipmaker became the first publicly traded company to hit a $4 trillion market cap in early July. That achievement came just one month after surpassing both Apple Inc. (NASDAQ:AAPL) and Microsoft Corp. (NASDAQ:MSFT) in market cap as members of the $3 trillion market cap club.

Nvidia has soared thanks to its dominant position in the artificial intelligence (AI) chip market. Over the past decade, Nvidia stock has soared by proportions that may have seemed unimaginable. The stock has advanced a mind-boggling 29,000%. That happened as the company got in on the artificial intelligence (AI) story in its earliest days, allowing it to tailor its chips to suit AI needs and take considerable market share.

AMD has sold 6 gigawatts and $90 billion worth of AI capacity to OpenAI. In addition, the arrangement sets up the ChatGPT maker to purchase up to 10 percent of AMD's shares. The deal inspires extraordinary confidence in Nvidia's biggest competitor. Why? First, OpenAI will use a single gigawatt of Instinct MI450 GPUs for AI calculations. As it happens, this chip design will not be released for another year.

Not long ago I was coming back from a haircut, a rare trip for me outside the New York Stock Exchange, and I heard a man's voice calling me from the curb just behind Fearless Girl, a sculpture by the artist Kristen Visbal that I never fail to grin at when she catches my eye. "Jim, can I shake your hand?" the man asked.

"We're abolishing this product line. We're going to move 2,000 engineers off of project X onto project Y," said Haas, adding that the company had only about 6,000 people at the time.

Shares of NVIDIA Corp. (NASDAQ:NVDA) gained 1.40% over the past five trading sessions after gaining 5.03% the five prior. That brings the stock's year-to-date gain to nearly 31%. In July, the AI chipmaker became the first publicly traded company to hit a $4 trillion market cap in early July. That achievement came just one month after surpassing both Apple Inc. (NASDAQ:AAPL) and Microsoft Corp. (NASDAQ:MSFT) in market cap as members of the $3 trillion market cap club.

What's the biggest company in the world? Apple? Amazon? Microsoft? No. It's Nvidia, which in early August became the world's first $4 trillion company, overtaking both Apple and Microsoft. Last week's results were eagerly awaited by the world's markets and actually helped push the S&P 500 and Dow Jones to all-time highs. By the end of August, Nvidia accounted for more than 8% of the S&P 500, the largest weighting for a single stock in the index's history.

Nvidia is open-sourcing Audio2Face, its AI-powered tool that generates realistic facial animations for 3D avatars - all based on audio input. The change means developers can now use the tool and its underlying framework to create realistic 3D characters for their games and apps. Nvidia's Audio2Face works by analyzing the "acoustic features" of a voice, allowing it to generate animation data that it maps to the 3D avatar's facial expressions and lip movement.

Priced at $15.50 per American Depositary Share (ADS) in its initial public offering, the stock has tumbled roughly 25% to around $11.53 per share amid broader market jitters and sector headwinds. Harsher still, shares languish 74% below the stratospheric peak of $44 per share they hit in February. That's when ( NvidiaNASDAQ:NVDA) unveiled a $24.7 million, 1.7 million-share stake that ignited a trading frenzy, doubling the stock's value in days.